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Displaying items by tag: The Right Place Inc

Friday, 12 February 2021 17:00

‘Landmark project,’ collaboration brings Perrigo headquarters to Medical Mile

Local economic development leaders have long sought to bring a global headquarters to downtown Grand Rapids, and it will soon become a reality as  Perrigo Co. plc moves its North American corporate offices to the Medical Mile.

Published in Economic Development
Sunday, 31 January 2021 18:14

Efforts underway to improve broadband access in Ottawa, Kent counties

Ottawa County expects to have a better understanding later this year of exactly where gaps exist locally for broadband internet service so it can begin to address the issue.

Published in Economic Development
Sunday, 31 January 2021 18:29

Economic development leadership changes could lend ‘fresh eyes’ to mission

West Michigan economic development organizations are in a transition period — much like the industry itself during the COVID-19 pandemic — as multiple agencies take on new leadership.

Published in Economic Development

Sunday, 31 January 2021 15:56

Diversity-focused VC fund garners widespread attention, even before making initial investment

GRAND RAPIDS — The West Michigan venture capital fund that intends to invest in growing, minority-owned businesses has garnered attention from interested parties who want to replicate the model elsewhere in the U.S.

Published in Finance
Tuesday, 26 January 2021 13:44

GR-based VC fund targeting minority-owned companies raises $8.5M in first year

GRAND RAPIDS — The venture capital fund formed a year ago in Grand Rapids to invest in minority-owned businesses has netted $8.5 million in commitments from investors and aims to hit $10 million this year.

Published in Finance
Sunday, 03 January 2021 15:24

Thelen to lead The Right Place amid economic development ‘inflection point’

GRAND RAPIDS — Randy Thelen describes the COVID-19 pandemic as an “inflection point” that can shift the course of economic development in West Michigan.

Published in Energy

Sunday, 20 December 2020 18:05

Post-pandemic supply chain shifts could boost state’s industrial economy

Michigan’s economy could stand to benefit in the years ahead as manufacturers move to reshore work to the U.S. after dealing with severe disruptions in their foreign supply chains when the coronavirus first surfaced in China.

Published in Economic Development
Tuesday, 15 December 2020 11:17

West Michigan Hispanic Chamber receives $100,000 Bank of America grant to help Latinx businesses

The West Michigan Hispanic Chamber of Commerce will use a $100,000 grant from Bank of America to help businesses through the COVID-19 pandemic.

Published in Small Business
Thursday, 10 December 2020 14:06

Manufacturing expected to continue leading West Michigan’s economic recovery

GRAND RAPIDS — West Michigan’s economy sits well positioned heading into 2021 to continue recovering jobs lost from the effects of the COVID-19 pandemic, experts said this week.

Published in Manufacturing

Sunday, 22 November 2020 17:00

Manufacturers deploy recruiting, certification strategies to bolster workforce

Talent gaps and workforce shortages are two issues that have dogged the manufacturing industry for years, pushing Michigan companies and their supporting organizations to develop a more robust talent pipeline in Michigan.

Published in Manufacturing
Sunday, 22 November 2020 14:59

Member-based nonprofits bolster efforts to deliver aid to minority-owned businesses

When the coronavirus pandemic hit eight months ago, many Latinx and Black business owners missed out on federal loans and other relief because they didn’t have relationships with local bankers or didn’t have financial statements in order.

Published in Nonprofits
Tuesday, 27 October 2020 16:44

Perrigo CEO sees Grand Rapids Medical Mile as potential ‘Silicon Valley of self-care’

GRAND RAPIDS — Executives at Perrigo Co. plc believe the company’s new North American headquarters will fit in neatly with the city of Grand Rapids’ burgeoning health care sector along Medical Mile. 

Published in Economic Development

Sunday, 25 October 2020 19:17

Panel: Rural broadband development should mirror electric grid build-out

Michigan and the nation need the same kind of concerted effort to deploy broadband internet access as 90 years ago when America set out to electrify rural areas following the Great Depression, economic developers say.

Published in Economic Development
Wednesday, 21 October 2020 17:59

Business, community leaders reflect on ‘giant in our community’ Peter Secchia

Business and community leaders on Wednesday remembered Peter Secchia as a business leader and generous philanthropist who helped to shape West Michigan over the past several decades.

Published in Finance
Thursday, 01 October 2020 15:30

Convention center expansion, amphitheater, soccer stadium are Grand Action’s new priorities

GRAND RAPIDS — The business group that pushed several major developments over the past 25 years is now focused on a downtown convention center expansion, an amphitheater and a professional soccer stadium.


Wednesday, 30 September 2020 16:45

Grand Rapids venture capital fund secures millions for minority-owned companies

A Grand Rapids-based venture capital fund that will invest nationally in companies owned by minorities has secured commitments now totaling $6.25 million, with potentially millions more on the way.

Published in Finance
Tuesday, 29 September 2020 13:42

State COVID-19 relief grants reach thousands of West Michigan small businesses

Thousands of small businesses across West and Southwest Michigan have received grant funding from a state COVID-19 relief program.

Published in Small Business
Tuesday, 22 September 2020 15:27

Gerber secures Renaissance Zone for $36 million Fremont expansion

FREMONT — The Michigan Strategic Fund has approved a 10-year Renaissance Zone tax abatement for Gerber Products Co.’s $36 million expansion at its Fremont facility.

Published in Economic Development

Sunday, 30 August 2020 18:28

Michigan Israel Business Accelerator’s new initiative to help local companies harness innovation

In a business climate in which manufacturers are pressured to stay up on the latest technology, there is little wonder why Michigan-based companies might look to Israel for best practices.

Published in Manufacturing
Sunday, 16 August 2020 16:41

New $160M COVID-19 vaccine contract ‘takes GRAM to the next level’

GRAND RAPIDS — The $160 million federal contract to produce a COVID-19 vaccine when it’s ready elevates Grand River Aseptic Manufacturing Inc. into what Tom Ross calls the “big leagues.”

Published in Health Care
Sunday, 16 August 2020 11:51

Q&A: Birgit Klohs President and CEO, The Right Place Inc.

Birgit Klohs plans to retire Jan. 31, 2021 after more than three decades of leading The Right Place Inc. Klohs, whose tenure at The Right Place started in 1987 and covered the terms of five Michigan governors, has been at the table for several major economic development initiatives and projects in the Grand Rapids area, often working to drive collaboration and partnerships among various parties that included private and public interests. As she prepares to depart and as The Right Place searches for a new leader, Klohs spoke with MiBiz about her role and how economic development has changed.

Published in Economic Development

Friday, 14 August 2020 04:31

Auto industry finds optimism in the future, but not yet this year

Automotive industry professionals don’t see much reason for optimism in the near future, but their outlooks become more bullish as time moves on.

Published in Manufacturing
Monday, 10 August 2020 15:30

Thousands seek small biz pandemic relief grants in West Michigan

Nearly 4,000 small businesses across a 13-county region of West Michigan have applied for state pandemic relief grants.

Published in Small Business
Thursday, 06 August 2020 16:45

The Right Place leader Birgit Klohs to retire after 33 years

Birgit Klohs, the dean of economic developers in West Michigan and across the state, plans to retire after more than three decades of leading The Right Place Inc.

Published in Economic Development

Sunday, 02 August 2020 17:00

New diversity-focused VC fund seeks $5M locally before making national pitch

GRAND RAPIDS — A new venture capital fund to invest in businesses owned by racial and ethnic minorities looks to secure financial backing locally before reaching out nationally for investors.

Published in Finance
Wednesday, 22 July 2020 16:24

‘Money has run out’ for rural economic development agency

GREENVILLE — The COVID-19 pandemic struck at an unfortunate time for the Montcalm Economic Alliance, which is now struggling to raise funding for its economic development work.

Published in Economic Development
Wednesday, 15 July 2020 04:54

State launches $115M grant program for small biz, agriculture relief

A pair of state grant funds totaling $115 million launches today as another source of financial assistance for small businesses hurt by the COVID-19 pandemic.

Published in Small Business

Tuesday, 30 June 2020 09:44

Trucking equipment supplier set to open first Michigan location in Walker

WALKER — Chicago-based General Truck Parts & Equipment is investing more than $500,000 to launch a new facility in Walker, the company’s first operation in Michigan.

Published in Manufacturing
Sunday, 21 June 2020 16:22

Kent County commits $25M to small business recovery assistance grants

Forming a relief fund to aid small businesses hurting from the COVID-19 pandemic was an early idea Kent County commissioners pursued when they began considering two months ago what to do with $114.6 million in federal aid funding. 

Published in Small Business
Thursday, 11 June 2020 12:52

MEDC awards $4.3M in COVID-19 relief loans

The Michigan Economic Development Corp. has awarded $4.3 million in low-interest relief loans to 74 small businesses statewide affected by the COVID-19 pandemic.

Published in Small Business

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